Today, Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Project Kuiper, an advanced low Earth orbit (LEO) satellite network from Amazon.com, Inc. (NASDAQ: AMZN), announced a strategic collaboration to develop connectivity solutions for unserved and underserved communities. As part of the collaboration, Project Kuiper and Verizon have begun to develop technical specifications and define preliminary commercial models for a range of connectivity services for U.S. consumers and global enterprise customers operating in rural and remote locations around the world.
Project Kuiper is an initiative to increase global broadband access through a constellation of 3…